Housing on Mend, but Full Recovery is Far Off: Home prices during the first half of 2012 posted their strongest gains in six years, the clearest sign that more U.S. housing markets have hit bottom. But the housing market remains far from normal.

More Than At First Glance: It turns out Chadbourne’s rent for the more than 200,000 square feet of space it leased on Sixth Avenue will be as high or higher than what law firms in newer towers agreed to pay in other recent leases.

What’s the Deal: Seven years after buying the New York Marriott East Side and then plowing roughly $26 million into renovating it, Prime Property Fund wants to sell the Midtown hotel for up to $350 million. Read More »